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Calculation of Refunds <br />Institutional charges paid $4750 <br />Class is 22 working days <br />60% of 22 working days <br />is 13 days <br />notice of cancellation <br />dated first day of class or <br />7 days after enrollment <br />whichever is later <br />Refund $4750 <br />Refund 100% <br />(If STRF was collected, STRF <br />is refunded when 100Y <br />of institutional charges <br />are refunded.) <br />Date of enrol'Iment-first day of class <br />$215.91-Daily charge for program for <br />Pro rata calculation ($4750/22=$215.91) <br />finished 60% or less <br />of class <br />example:10 days attended <br />13 days or less (60% or less) <br />Refund $2806.81 <br />Owed/earnedportion: <br />10 x $215.91=$2159.10 <br />Refund/unearned portion: <br />$4750.2159.10=$ 25 90.90 <br />(STRF is not refundable <br />if collected.) <br />NOTE: Per BPPE, STRF fees are being collected at this time. <br />Third Party Payers <br />finished more than 60% <br />of class <br />example:16 days attended <br />more than 13 days (60%) <br />No refund <br />(STRF is not refundable <br />if collected.) <br />For students receiving assistance with institutional charges, any refunds will be made first to any <br />funding sources up to the amount of such disbursement; any additional refunds due will be made <br />to the student, if the student paid for any portion of the institutional charges. <br />FACULTY AND STAFF <br />Instructor <br />Instructor <br />Bernard Berman <br />Mr. Berman has been teaching with The Accounting Annex since its inception, Mr. <br />Berman has a degree in engineering from. UC Berkeley and had worked in the <br />Information Systems field for over 40 years until his retirement. He is an <br />independent financial planner. Mr. Berman teaches unique approaches to job <br />search, Windows, Word and Excel. <br />Patricia Rilloraza <br />Ms. Rilloraza has over 30 years of training experience from her background in <br />accounting software support. She has also worked in entertainment accounting, <br />with a specialization in payroll. She shares her enthusiasm for accounting with all <br />of our students and works individually with each to make sure the student gains an <br />understanding of accounting theory and QuickBooks. She is a graduate of our <br />Page 18 of 23 <br />12.11,2019 The Accounting Annex, INC Catalog lan 1-19 to Dec 31-19 <br />